Email Address Subscribe to the iGaming newsletter GC hits back at APPG’s “not fit for purpose” claim Regions: UK & Ireland 16th June 2020 | By Daniel O’Boyle Tags: Mobile Online Gambling Slot Machines Topics: Casino & games Legal & compliance Marketing & affiliates Slots The British Gambling Commission has struck back at an All-Party Parliamentary Group (APPG) report which said it was “not fit for purpose”, dismissing the claims levelled at the regulator as “untrue”.The APPG on Gambling Related Harm published its final report on online gambling yesterday, calling for strict new controls including a total prohibition of advertising and banning in-play betting online.In addition, the APPG renewed its criticism of the Commission from an interim report released in November 2019 and called for a review of its capacity to regulate online gambling.“It is our view that the Gambling Commission is not fit for purpose and we recommend an urgent review of the Gambling Commission and its capacity to effectively regulate the burgeoning online gambling industry,” the APPG said.“The Government must commit further and more flexible funding for the Gambling Commission to enable it to cope with the growth in its responsibilities and there must be rigorous oversight as to how this is money is spent.”However, the Commission – as it did in November 2019 – dismissed this criticism and pointed to some of the limits it has introduced, such as the credit card ban in April, as well as its ongoing work with industry working groups, as examples of how it has provided a check on the industry.“We are committed to drastically reducing gambling harm and it is untrue to say that we are not fit for purpose,” it said. “We are making gambling safer through programme of tough enforcement and compliance activity and in the last two years we have strengthened protections including online age and ID verification, customer interaction, and in April we banned gambling on credit cards.“Our recent work with the industry has seen strengthened online advertising rules to better protect vulnerable groups and later this week we will open a consultation on VIP practices. We will shortly be opening consultations on safer game design, along with further customer interaction measures including reverse withdrawals, which follows our strengthened guidance to operators as a result of novel coronavirus (Covid-19).”In February, the National Audit Office (NAO) concluded that the Gambling Commission is “unlikely to be fully effective in addressing risks and harms to consumers” due to the funding disparity between the regulator and some of the businesses it regulates. The Commission said it is working with the Department of Culture, Media and Sport (DCMS) in order to address this funding issue.“Earlier this year we welcomed the NAO’s assessment of Gambling Regulation and are pleased it recognised our work in making gambling safer. That report also recognised that we face the significant challenge of regulating a dynamic and developing industry. It also underlined the constraints that our current funding arrangements presents and we are currently working with DCMS to address our fees structure.”Meanwhile, industry body the Betting and Gaming Council pointed to its own record of introducing changes to boost player protection, such as the commitment of its five largest members to spend £100m (€111.4m/$125.4m) on improving treatment services for problem gamblers in the UK, announced yesterday.“Since the BGC was formed as the standards body last year, we have driven a number of significant changes across the industry – from advertising restrictions, encouraging deposit limits, monitoring play and spend so we can intervene to prevent customers getting into difficulties, closing online accounts, introducing strict new ID and age verifications, implementing the ban on credit cards and massively increasing funding for research, education and treatment,” a BGC spokesperson said.“We are committed to making even more changes and to driving up safer gambling standards further, and we look forward to working with the Government on their forthcoming Review.However, the spokesperson added that they felt some people would not be happy until gambling was prohibited and warned that overly strict measures may lead to players moving to unlicensed operators.“There will always be people who are anti-gambling and prohibitionists who are not interested in the fact the regulated industry supports over 100,000 jobs and pays over £3 billion in tax,” the spokesperson said. “But we have to avoid measures that could drive people away from gambling safely with online companies who operate in what is rightly already a heavily regulated market, to instead gambling online with unregulated, offshore, black market, illegal operators that don’t conform to any standards or safeguards to protect problem gamblers and the most vulnerable”.Despite the response from the BGC and Gambling Commission, polling by those pushing for regulatory restrictions claims the general public appears to support for the measures set out by the the APPG. A poll commissioned by Clean up Gambling, a new advocacy group for gambling regulatory reform founded by Matt Zarb-Cousin and Derek Webb, found that 43% were of the opinion that there were insufficient safeguards currently in place in gambling.In addition, deposit limits were supported by 82% of respondents, with 44% calling for a limit of £49.99 or less. Meanwhile, 55% called for a limit of £4.99 or less on individual stakes. Casino & games The British Gambling Commission has struck back at an All-Party Parliamentary Group (APPG) report which said it was “not fit for purpose”, dismissing the claims levelled at the regulator as “untrue”. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter
Stanbic IBTC Bank (IBTC.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2019 interim results for the half year.For more information about Stanbic IBTC Bank (IBTC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Stanbic IBTC Bank (IBTC.ng) company page on AfricanFinancials.Document: Stanbic IBTC Bank (IBTC.ng) 2019 interim results for the half year.Company ProfileStanbic IBTC Plc is a financial services company in Nigeria offering banking products and services for the retail, corporate, investment and wealth management sectors. The Personal and Corporate Banking division provides a full-service offering ranging from transactional accounts to residential accommodation loans, vehicle and equipment finance and instalment finance. The Corporate and Investment Banking division offers products and services for foreign exchange, fixed income and equity trading as well as transactional banking, corporate and property lending and custodial and trade finance services. The Wealth Management division provides services for investment management, pension management, portfolio management, unit trust/fund management and trusteeship services. Stanbic IBTC Holdings Plc undertakes venture capital projects and private equity investments; acts as an executor and trustee of wills and trusts; and provides agency, insurance brokerage and stockbroking services. Founded in 1989, Stanbic IBTC Holdings Plc is a subsidiary of Stanbic Africa Holdings Limited. Its company head office is in Lagos, Nigeria. Stanbic IBTC Plc is listed on the Nigerian Stock Exchange
Investors looking for a decent passive income to invest for the future (or to live on) really don’t have many options. The yearly interest or income from cash, high-quality bonds, and other high-priced assets simply isn’t enough. When I first started investing — almost 35 years ago — one could find 10% yearly yields from a range of financial assets. But with interest rates cut to zero or even negative, serious seekers of yield and passive income should look to share dividends from quality companies.Huge dividends from the FTSE 100Following its surge since November, the FTSE 100 index’s current dividend yield is just over 3% a year. Alas, many companies cancelled, suspended, or cut their cash pay-outs last year, sending the Footsie’s yield plunging in 2020. But huge, market-beating dividend yields still lurk within the FTSE 100. Here are two I’d gladly snap up right now.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…BP pays 5.2% a year in cashOil & gas supermajor BP (LSE: BP) had a truly terrible 2020. As the price of a barrel of Brent crude oil crashed from $70 to below $16, BP’s share price imploded. From a 52-week high above £5, BP’s shares crashed to a 25-year low of 188.5p on 28 October 2020. Since then, things have been looking much rosier for the energy giant. The oil price is back above $55 and BP’s shares closed at 300.2p on Monday. But for me, BP’s big attraction is its tasty dividend yield.After the Deepwater Horizon disaster in 2010, BP cut its dividend. It did so again in 2020, halving its cash pay-out. Yet, because of BP’s vast cash flows, its shares still offer one of the biggest dividend yields in the FTSE 100. The currently quarterly dividend of 5.25 US cents adds up to a yearly dividend of 15.46p, for a current yield of almost 5.2%. This isn’t the FTSE 100’s highest dividend yield, but I view it as one of the safest. With BP’s dividends likely to rise from here, I see this as a perfect passive income to pop into a balanced portfolio.L&G offers 6.4% a yearLegal & General (LSE: LGEN) is one of my most-admired British businesses. It’s a true leader in the fields of life assurance, savings, and investments, managing over £1trn of customers’ assets. Founded in 1836, L&G is a household UK name, with over 10m customers worldwide. Everything about L&G — its brand, reputation and people — smacks of quality. Yet these cheap shares pay a market-beating dividend to patient shareholders.Back on 29 October, just before the FTSE 100’s November surge, I said that L&G shares were a compelling buy at 184.5p. On Friday, they closed at 266.3p, up by almost half (44.3%) in just over two months. But I see more gains to come from this £16.3bn Footsie champion. With an anticipated dividend yield of nearly 6.5%, L&G’s cheap shares offer safety, solidity, and a whopping passive income. That’s why I’d eagerly buy L&G shares today, ideally inside my ISA, for decades of tax-free income and capital gains. Cliff D’Arcy | Tuesday, 19th January, 2021 | More on: BP LGEN Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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Design agency shortlisted for award for championing good causes Howard Lake | 19 March 2007 | News 21 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis As featured on UK Fundraising, CBA recently helped charities and not-for-profits by providing them with a free design and marketing consultation. CBA Design was also nominated for the award following its recent pledge of £1,500 to help promote Caring Matters Now, a charity that supports individuals who suffer from Congenital Melanocytic Naevi (CMN). The support involved designing and producing a range of marketing materials to help Caring Matters Now raise money for scientific research into the causes and treatments of CMN. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Awards Individual giving Cambridge-based CBA Design and Marketing has been shortlisted for The Cambridge Evening News Barclays Award which focuses on commercially viable businesses that place a strong emphasis on helping the community. CBA featured its offer to help charities last year on UK Fundraising.CBA Design has for some time supported charity and and community organisations including Cambridge Cyrenians, Birdlife International and Wood Green Animal Shelter. CBA was also nominated for its work with local not-for-profits including sports clubs, schools, Shelford Feast and Stapleford Parish Council. Michael Fegan, Business Development Manager at CBA said: “We have given our time for free and in doing so, found this such a rewarding way to help out. We were delighted to be nominated for the award.” Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
Twitter 448 new cases of Covid 19 reported today WhatsApp RELATED ARTICLESMORE FROM AUTHOR Facebook Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH Pinterest A call for more robust protections for whistleblowers has been unanimously backed by middle ranking Gardai.Delegates at the Association of Garda Sergeants and Inspectors conference debated the motion from Donegal based Gardai in Killarney in Co Kerry this morning.The AGSI wants the Garda confidential reporting charter reviewed and revised – to safeguard whistleblowers.However the association doesn’t believe the Garda Siochana Ombudsman Commission should be considered as the confidential recipient.Donegal Sergeant Paul Wallace says moral within the force is low and that’s been compounded by the Justice Minister’s refusal to attend the conference:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/04/wallace.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. News Facebook Three factors driving Donegal housing market – Robinson WhatsApp By News Highland – April 15, 2014 Previous articleUnite says time is running out to save Lough Swilly bus jobsNext articleMan’s body discovered washed up on Bundoran shore News Highland Donegal Garda Sergeant questions Minister absence from AGSI conference Twitter NPHET ‘positive’ on easing restrictions – Donnelly Google+ Help sought in search for missing 27 year old in Letterkenny Pinterest Google+
Twitter RELATED ARTICLESMORE FROM AUTHOR LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Facebook Google+ Google+ Fresh snow in Donegal, but cold snap not expected to last WhatsApp Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Facebook Previous articleGarvagh petrol bomb attack was sectarian – PSNINext articleCoughlan and O’Domhnaill both selected by FF in Donegal SW News Highland Pinterest Pinterest By News Highland – January 8, 2011 Fresh snow has been falling across Donegal today, but Met Eireann say the bank of cloud is moving away. The showers in Donegal are part of a band that is now moving down the country.This latest cold spell is not expected to last beyond the weekend.Vincent O’Shea from Met Eireann says that the outlook for this afternoon in general around the country is promising…………[podcast]http://www.highlandradio.com/wp-content/uploads/2011/01/met12.mp3[/podcast] Newsx Adverts Calls for maternity restrictions to be lifted at LUH Need for issues with Mica redress scheme to be addressed raised in Seanad also Guidelines for reopening of hospitality sector published Almost 10,000 appointments cancelled in Saolta Hospital Group this week WhatsApp Twitter
Top StoriesAd Hoc Judges Can Be Appointed Only After Filling Regular Vacancies, Centre Tells Supreme Court LIVELAW NEWS NETWORK8 April 2021 12:20 AMShare This – xThe Central Government on Thursday told the Supreme Court that the appointment of additional judges on ad-hoc basis in High Courts under Article 224A of the Constitution can be done only after the filling up of regular vacancies of judges.This submission was made by Additional Solicitor General of India RS Suri before a bench comprising CJI SA Bobde, Justices S K Kaul and Surya Kant. The…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Central Government on Thursday told the Supreme Court that the appointment of additional judges on ad-hoc basis in High Courts under Article 224A of the Constitution can be done only after the filling up of regular vacancies of judges.This submission was made by Additional Solicitor General of India RS Suri before a bench comprising CJI SA Bobde, Justices S K Kaul and Surya Kant. The bench had earlier sought the views of the Centre on appointing ad-hoc High Court judges to tackle the problem of mounting case arrears.”The stand of the Union Government is not adversarial. Pendency is a menace which requires to be tackled”, ASG Suri submitted. But he added that the ad-hoc judges can be appointed only after regular appointments.The bench however expressed doubts about the correctness of this proposition advanced by the ASG.”You are saying that first regular vacancy should be filled and then ad hoc judges should be appointed?”, Justice SK Kaul asked the ASG.”That is the legislative intent”, the ASG replied.”If all vacancies are filled ,there will be no problem. So far as ad hoc judges are concerned, the idea is they keep working till the vacancies are filled up. I was told that there was a bill drafted to equate HC judges to SC judges. That is something we have to think about, increasing the age of HC judges as 65″, Justice Kaul observed.At this juncture, the CJI asked if there is anything in Article 224A of the Constitution which suggests that ad-hoc judges can be appointed only after vacancies are filled.”Can you show us any provisions in Constitution which show that ad hoc judges should not be appointed until all regular vacancies are filled up. What is there in the article which shows that you must first fill up regular vacancies and then appoint ad-hoc judges?”, the CJI asked.The CJI also remarked that filling up of all regular vacancies is a situation which has never happened in the country.In reply, ASG said, “If the vacancies are filled up, there will be no need for ad hoc judges. Otherwise there will be an incentive not to appoint regular judges and to appoint ad hoc judges only”.Raising eyebrows at this argument, Justice Kaul said “I don’t understand, what incentive? Your argument is circuitous. It is not that existing appointments cannot go on. Ad hoc judges is something to help High Court to deal with the interim period. It is a provision to be used completely in the reverse of what you are saying”.The ASG Suri then said that there are certain steps to be followed for appointment of ad-hoc judges. The CJ of HC would may at any time with previous consent of President, request any ex-HC judge to sit as a judge of that court. After obtaining the consent of the ex-judge, the Chief Justice must communicate the matter to the Chief Minister. The Chief Minister will forward the proposal to the Union Law Minister, the ASG added.While the ASG was explaining this process, CJI Bobde said that these submissions will have to be put it on record by way of an affidavit.Senior Advocate Arvind P Datar, who was appearing for the Orissa High Court, said that the ASG was referring to paragraph 24 of the Memorandum of Procedure drafted by the Union for appointment of judges.The bench asked the Senior Advocates representing different High Courts to convene a meeting and discuss the circumstances under which ad-hoc judges can be appointed under Article 224A.The matter will be considered on next Thursday, April 15. The bench was considering a Public Interest Litigation(PIL) petition filed by the NGO Lok Prahari seeking the invocation of Article 224A of the Constitution for using the services of former High Court judges to decide pending cases. Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
Top StoriesLIVE UPDATES : YSRCP MP Krishna Raju’s Bail Hearing In Supreme Court Radhika Roy21 May 2021 2:42 AMShare This – xThe Supreme Court is hearing the bail plea of YSRCP MP Raghu Rama Krishna Raju from Andhra Pradesh, who was arrested by Guntur CID for charges of sedition and promotion of communal hatred over his speeches.A bench comprising Justices Vineet Saran and BR Gavai is hearing the matter.Senior Advocate Mukul Rohatgi is appearing for Krishna Raju. Senior Advocate Dushyant Dave is appearing for the State of Andhra Pradesh.Live Updates may be followed here:Live Updates 21 May 2021 4:28 AMBail condition : Personal bond of Rupees one lakh and provide two securities of the like amount before the trial court within one week.21 May 2021 4:27 AMSupreme Court imposes bail conditions : He will cooperate with investigation, he will respond whenever he is called upon by the IO. He shall be given at least 24 hrs notice by IO. He shall be permitted in presence of his advocate who may not be part of investigation, but can be present.He shall not give press interviews or make media statements. He shall not try to influence the witnesses or investigations.21 May 2021 4:26 AMSupreme Court grants bail to YSRCP MP Krishna Raju.”FIR was lodged only after detailed inquiry by State CID. Considering the totality of the circumstances and also the health of the Petitioner, specially that he had undergone heart bypass surgery, we deem it just and proper that the Petitioner be enlarged on bail”.21 May 2021 4:23 AMSupreme Court : We are of the opinion that charges are not such that custodial interrogation would be required as all statements of Petitioner are on record and the FIR was registered after enquiry by the CID. 21 May 2021 4:23 AMSupreme Court says that custodial interrogation of the petitioner (Krishna Raju) as such may not be required.21 May 2021 4:22 AMSupreme Court prima facie says that the petitioner (Krishna Raju MP) was ill-treated in custody, having regard to the medical reports on record.21 May 2021 4:22 AMBench dictating the order : Jurisdiction of the High Court and the trial court for bail are concurrent. Merely because the petitioner approached the High Court first, it does not mean that the High Court cannot consider the bail application. As such we are of the view that the High Court ought to have considered the bail application. However, since the High Court has not considered the bail application, and much water has flown after the High Court order – there are two medical reports, one by the government hospital and another by Army Hospital- we deem it appropriate to consider the bail application on merits.21 May 2021 4:19 AMBench dictating the order : Mr. Dave has submitted that such statements could incite hatred and this bail should not be granted. We have heard both the parties. 21 May 2021 4:19 AMBench dictating the order : According to Dave, the fracture is self inflicted by the Petitioner. He states both the reports are honest and he further relied on statements by Petitioners from time to time, which according to him amount to sedition.21 May 2021 4:18 AMBench dictating the order :As regards the report of Army Hospital, Mr. Dave has fairly stated that he does not doubt the correctness of report, but has submitted that the report submitted by government hospital, there was no fracture shown which was there in Army report.>Load MoreSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
News, Sport and Obituaries on Monday May 24th Twitter WhatsApp Almost €9 million has been ring-fenced to help create 30 acres of new cross-border community park space and infrastructure across Strabane and Lifford.The new shared space, known as Riverine, is being funded through the EU’s PEACE IV Programme which is managed by the Special EU Programmes Body.Match-funding for the project has been provided by the Department for Communities in Northern Ireland and the Department for Rural and Community Development in Ireland.The ambitious project, which has been in the making for over a decade and has received considerable support from the community sector and local businesses, will encompass a number of uniquely designed elements.These elements will include: a pavilion building, outdoor wetland and park space, a family fun space, cross-border pathways and greenways and a newly constructed pedestrian footbridge across the River Foyle.Following its construction, the Riverine project will continue to promote sustained and meaningful cross-border, and cross-community relations through a range of programmed activities, targeted at various groups. This activity includes: a community heritage engagement programme; a culture and peace activity trail; a creative arts programme and a shared space connections project.The project represents a strong working cross-border partnership between lead partner,Donegal County Council and Derry City and Strabane District Council, who will share the responsibility of its construction, delivery and maintenance. RELATED ARTICLESMORE FROM AUTHOR Google+ Pinterest Pinterest Arranmore progress and potential flagged as population grows Facebook Nine til Noon Show – Listen back to Monday’s Programme Google+ By News Highland – March 26, 2021 WhatsApp Previous articleHarps launch 3rd jersey in association with Donegal Down SyndromeNext articleAlmost 150 Donegal people have died with Covid-19 News Highland Loganair’s new Derry – Liverpool air service takes off from CODA DL Debate – 24/05/21 Facebook Almost €9 million ring-fenced for Riverine project Important message for people attending LUH’s INR clinic Twitter Homepage BannerNews